Cheap Apartments for Rent near Leonardo, NJ from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Leonardo.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 40 Shore Blvd

$1,750

2 Bedroom Rentals

Available Now

40 Shore Blvd

KeansburgNJ07734

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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57 Peters Place
Studio to 2 Bedroom Apartments

57 Peters Place

57 Peters PlRed Bank, NJ 07701
  • Utilities Included
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Brookwood Estates
1 to 2 Bedroom Apartments

Brookwood Estates

153 Grand AveAtlantic Highlands, NJ 07716
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Sutton Commons
1 Bedroom Apartments

Sutton Commons

165 Branch AveRed Bank, NJ 07701
  • Utilities Included
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Navesink Woods
1 to 3 Bedroom Apartments

Navesink Woods

1027 Highway 36Atlantic Highlands, NJ 07716
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-36, Page 1 of 1

Leonardo, NJ Local Guide

Cheapest Available Leonardo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leonardo, NJ is a 2 Beds unit found at Bayshore Village (62+) in the Port Monmouth neighborhood priced from $1,291. Oceanport Gardens in the Jockey Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,540. Here is today’s list of the most affordable Leonardo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1,291
Oceanport Gardens1 BD / 1 BA1BR,1BA$1,540
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$1,600
Buena Vista1 BR1BR,1BA$1,750
Cove on the Bay1 bedroom1BR,1BA$1,818
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1,850
240 LB Elmwood1BR/1.0BA1BR,1BA$1,892
Lakeview Terrace Apartment HomesOne Bedroom - 750 sqft1BR,1BA$1,895
Atlantic Pointe Apartments1BR 1BA (640 SF)1BR,1BA$1,963
Keyport Harbor Apartment Homes1 Bedroom Renovated1BR,1BA$1,995

Best Value Apartments for Rent in Leonardo, NJ and Nearby

As of July 28, 2026 the best value apartment in the Leonardo area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Leonardo apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Cove on the BayPenthouse Duplex2BR,2BA$2.56
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1.34
Lakeview Terrace Apartment HomesTwo Bedroom- 950 sqft2BR,1BA$2.72
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.23
Pleasure Bay1 Bedroom1BR,1BA$2.73
240 LB Elmwood1BR/1.0BA1BR,1BA$2.34
Country Club Apartments1 Bedroom 1 Bathroom1BR,1BA$2.55
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$2.32
Oceanport Gardens1 BD / 1 BA1BR,1BA$2.57

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Leonardo, NJ Rentals by Map

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See the most popular apartments and homes in Leonardo, NJ

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Frequently Asked Questions about Cheap Leonardo Apartments

How much is rent for a Cheap One Bedroom Leonardo Apartment?

The lowest price for a Cheap One Bedroom Leonardo Apartment is $1,540 at Oceanport Gardens.

What is the lowest price for a Cheap Two Bedroom Leonardo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Leonardo is starting from $1,291 at Bayshore Village (62+).

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.